Document background
The Master Sale Agreement is designed for businesses engaged in recurring sales transactions in Australia where they need a comprehensive framework to govern their ongoing commercial relationship. It is particularly suited for situations where parties anticipate multiple transactions over time and want to avoid negotiating terms for each individual sale. The agreement incorporates Australian legal requirements, including compliance with the Competition and Consumer Act 2010 (Cth), relevant state Sale of Goods Acts, and GST legislation. It typically includes detailed provisions for ordering processes, delivery terms, pricing mechanisms, quality standards, and risk allocation. This type of agreement is commonly used in both domestic Australian trade and international transactions where Australian law is the governing law, providing certainty and efficiency in commercial relationships while reducing transaction costs for repeated sales.
